Key Highlights

● VICI Properties closed at $22.87 on 9 October 2026.

● Market data consensus target is $30.00, implying about 31.2% upside.

● Targets range from $26.00 to $34.00.

● Citizens JMP lowered its target from $35 to $31.

On Friday 9 October 2026, VICI Properties (NYSE:VICI), a member of the S&P 500, closed at $22.87. Analyst targets sit well above that level, with the consensus implying upside of about 31.2%, and ratings lean neutral. Recent broker revisions have mostly been downward.

What Is the Latest Analyst Price Target?

According to market data, the consensus price target for VICI is $30.00, with a high of $34.00 and a low of $26.00, drawn from 15 ratings issued in the last 12 months. Measured against the $22.87 close on 9 October 2026, a $30.00 target implies potential upside of about 31.2%.

The second data set gives a somewhat higher picture. The second data set, which cites third-party data covering 25 analysts, shows an average target of $31.58, a median of $31.50, a high of $38.00 and a low of $26.00.

Recent named broker targets sit close to the market data figure. Targets published over the past three months range from $26 to $32, and their average is a little under $30.

What Are Wall Street Analysts Saying?

Market data records seven Buy ratings, eight Hold ratings and no Sell ratings, which produces an overall consensus of Hold. The second data set, with a wider analyst pool, describes the consensus as Buy, with 16 Buy or Strong Buy ratings, nine Holds and no Sells.

The direction of recent revisions has been mostly downward. On 2 October 2026 Citizens JMP lowered its target from $35 to $31 and kept a Market Outperform rating, while Citigroup reiterated its Market Outperform rating. On 24 September JPMorgan downgraded the stock from Overweight to Neutral with a $30 target, and Scotiabank cut its target from $29 to $26 with a Sector Perform rating. Morgan Stanley lowered its target from $31 to $29 on 15 September, Mizuho trimmed from $30 to $27 on 2 September, and Wells Fargo cut from $27 to $26 on 1 September.

What Could Help the Stock Reach the Price Target?

For the shares to move towards the consensus level, sentiment towards the stock would need to improve. Market data notes revenue growth of 5.7% year on year in the most recent quarter and a quarterly dividend raised to $0.46, with a payout ratio of 71.32%. Continued rental growth and dividend increases are the kind of developments that analysts typically cite when supporting a target above the current price.

What Could Prevent the Stock Reaching the Target?

The pattern of target reductions over recent weeks suggests analysts have become more cautious. The JPMorgan downgrade to Neutral and the cluster of cuts from Scotiabank, Morgan Stanley, Mizuho and Wells Fargo show that some brokers see less room for the stock than they did earlier in the year. If those trends continue, the consensus target could drift lower.

A wide gap to the average target can persist if investors remain concerned about tenant exposure to the gaming sector, higher borrowing costs or the sustainability of dividend growth.

What Should Investors Watch Next?

Other points include further analyst revisions, any change to the dividend, movements in interest rate expectations and updates on the health of the company's major tenants.

The Analyst Case for VICI Properties, in Numbers

VICI Properties closed at $22.87 on 9 October 2026, against a market data consensus target of $30.00. On 2 October 2026 Citizens JMP lowered its target from $35 to $31 and kept a Market Outperform rating, while Citigroup reiterated its Market Outperform rating.